Studio · 479 sqftMajestine Allure, Business Bay · 10th floor · completed 2018

1016A, Majestine Allure

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1016A · DLD and Ejari recordsUpdated 25 September 2026

Last soldAED 1.01M3 December 2014

Current rentAED 59K /yr25 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1016A, Majestine Allure

Today

What is 1016A worth today?

Last sold for AED 1,007,950 in 2014

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25 Sep 2026

25 Sep 2026RentedNew contract

AED 59,000/yr12 months · AED 123 per sqft

15 Mar 2025

15 Mar 2025RentedNew contract

AED 73,500/yr12 months · AED 153 per sqft

15 Mar 2024

15 Mar 2024RentedNew contract

AED 70,000/yr12 months · AED 145 per sqft

1 Aug 2021

1 Aug 2021RentedNew contract

AED 40,000/yr12 months · AED 83 per sqft

3 Dec 2014

3 Dec 2014Sold by developerOff-plan

AED 1,007,950AED 2,103 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type: Studio apartment
Size: 479 sqft
Floor: 10th of 19
Parking: P2-38
Developer: Business Tower Investment
Completed: 2018
Last sold: AED 1.01M · December 2014
Building: Majestine Allure

About 1016A, Majestine Allure

1016A is a studio of 479 sqft on the 10th floor of Majestine Allure, a 19-storey tower in Business Bay completed in 2018 by Business Tower Investment. The developer sold it on 3 December 2014 for AED 1,007,950, or AED 2,103 per sqft, in line with the AED 2,139 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 25 September 2026, is AED 59,000 a year: a gross yield of 5.9% on the 2014 price.

Sales and rents for 1016A over time

Sales

Unit 1016A, each saleTypical studio in Majestine Allure

1016A has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 1016A, each contractTypical studio in Majestine Allure

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Majestine Allure, and where 1016A sits

All 283 studios →

Studios in Majestine Allure · last 12 months1,718 /sqft Majestine Allure · all types1,539 /sqft

1016A last sold in December 2014 at AED 2,103 per sqft, in line with what studios in Majestine Allure were fetching at the time (AED 2,139). Over the last 12 months studios sold for AED 695,000 to 1,000,000, around AED 1,718 per sqft, and rent for AED 40,000 to 96,000 a year. 1016A's AED 59,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
15 Sep 202615 September 2026	475 sqft	740,000	1,557
20 Aug 202620 August 2026	430 sqft	740,000	1,721
25 Jun 202625 June 2026	493 sqft	750,000	1,521
9 Jun 20269 June 2026	617 sqft	830,000	1,346

18 studio sales in the last 12 months

Majestine Allure

Building

497 apartments, studios to 3-bed over 19 floors in Business Bay, completed in 2018 by Business Tower Investment. 30 sold in the last 12 months.

Typical price per sqft: AED 1,539 Down 7.3%
Typical sale: AED 894K
Typical rent: AED 70K /yr
Typical yield: 7.3%

Majestine Allure, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 497 units in Majestine Allure


1001	Studio	498 sqft	AED 820KAED 820,000 · Mar 2025March 2025	70,000 /yr
1002	Studio	474 sqft	AED 1.02MAED 1,017,450 · Apr 2015April 2015	55,000 /yr
1003	3-bed	1,849 sqft	AED 3.23MAED 3,225,600 · Apr 2018April 2018	150,000 /yr
1004	2-bed	1,608 sqft	AED 1.8MAED 1,800,000 · May 2025May 2025	140,000 /yr
1005	2-bed	1,495 sqft	AED 2.76MAED 2,757,000 · Mar 2024March 2024
1006	2-bed	1,356 sqft	AED 1.9MAED 1,900,000 · Aug 2014August 2014
1007	1-bed	978 sqft	AED 1.41MAED 1,410,561 · Oct 2024October 2024	100,002 /yr
1008	1-bed	889 sqft	AED 1.64MAED 1,642,000 · Mar 2023March 2023	115,500 /yr
1009	Studio	612 sqft	AED 900KAED 900,000 · May 2023May 2023	65,000 /yr
1010	2-bed	1,246 sqft	AED 2.45MAED 2,449,100 · Dec 2014December 2014	126,000 /yr
1011	Studio	460 sqft	AED 1.05MAED 1,048,800 · Dec 2014December 2014	65,000 /yr
1012	Studio	475 sqft	AED 1.05MAED 1,051,650 · Jun 2015June 2015	53,000 /yr
1013	3-bed	1,794 sqft	AED 2.5MAED 2,500,000 · Dec 2024December 2024	150,000 /yr
1014	2-bed	1,068 sqft	AED 2.07MAED 2,066,400 · Aug 2014August 2014	120,750 /yr
1015	3-bed	1,420 sqft	AED 1.87MAED 1,865,000 · Jun 2022June 2022	165,000 /yr
1016	Studio	430 sqft	AED 922KAED 921,500 · Apr 2015April 2015	6,200 /yr
1017	Studio	479 sqft	AED 1MAED 1,000,000 · Feb 2026February 2026	72,000 /yr
1018	Studio	479 sqft	AED 550KAED 550,000 · Apr 2022April 2022	52,000 /yr
1019	Studio	479 sqft	AED 730KAED 730,000 · Jun 2023June 2023	50,000 /yr
1020	1-bed	896 sqft	AED 1.52MAED 1,517,000 · Dec 2017December 2017	75,000 /yr
1001A	Studio	497 sqft	AED 750KAED 750,000 · Jan 2024January 2024	56,000 /yr
1002A	1-bed	853 sqft	AED 1.04MAED 1,040,000 · Dec 2020December 2020	90,000 /yr
1011A	Studio	460 sqft	AED 1.04MAED 1,043,700 · Dec 2014December 2014	54,000 /yr
1012A	Studio	458 sqft	AED 1.05MAED 1,048,800 · Dec 2014December 2014	50,000 /yr
1017A	Studio	479 sqft	AED 975KAED 975,051 · May 2018May 2018	55,000 /yr
1018A	Studio	479 sqft	AED 985KAED 984,900 · Jun 2018June 2018	48,000 /yr
1019A	Studio	468 sqft	AED 1.02MAED 1,019,350 · Feb 2015February 2015	38,000 /yr

1–7 of 27

1016A, Majestine Allure in numbers

Sold once: by Business Tower Investment on 3 December 2014 for AED 1,007,950, or AED 2,103 per sqft.
Rented since August 2021 on 4 Ejari contracts, from AED 40,000 to AED 59,000 a year.
At AED 59,000 a year the gross yield on the 2014 price is 5.9%.
Studios in Majestine Allure sold for AED 695,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,539 per sqft.

Source: Dubai Land Department. Updated 25 September 2026.

Questions about 1016A, Majestine Allure

What did unit 1016A last sell for?

AED 1,007,950 on 3 December 2014, sold by the developer: AED 2,103 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1016A?

AED 59,000 a year on the contract signed on 25 September 2026. The previous contract, from March 2025, was AED 73,500; the unit has been rented since August 2021.

How big is unit 1016A?

479 sqft (44.5 sqm): a studio on the 10th floor of a 19-storey tower completed in 2018.

What is unit 1016A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Majestine Allure sold for AED 695,000 to 1,000,000 in the last 12 months, around AED 1,718 per sqft.

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Mortgage on 1016A, Majestine Allure

Starts from the last sale price (AED 1.01M, 3 December 2014). Switch to today's estimate once you have unlocked it.

Price: AED 1,007,950
Deposit, UAE resident (20%): AED 201,590
Deposit, non-resident (40%): AED 403,180
Monthly over 25 years at 3.7%: AED 4,124

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →